Exhibit 10.9
EXHIBIT C - PRICING
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This exhibit sets forth a pricing agreement and supercedes Section 5.4(b) of the
`License and Manufacturing Agreement' dated February 20, 1997, between Sonic
Innovations, Inc. and Atmel Corporation, items 8 & 9 of Exhibit A, and Exhibit B
of that agreement.
1. Sonic Innovations shall provide a Guaranteed Minimum Revenue (GMR) to
Atmel by purchasing product over the following timeframe.
CY2000 CY2001 CY2002 CY2003
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GMR $900K $1,800K $4,500K $4,500K
2. Product shall consist of any mix of Designs agreed to by both parties,
and listed as `Products' below.
Products: [*] [*]
3. Pricing for the Products over the subject timeframe shall be:
CY2000 CY2001 CY2002 CY2003
------ ------ ------ ------
[*] [*] [*] [*] [*]
[*] [*] [*] [*] [*]
4. Sonic Innovations shall meet the General Minimum Revenue amounts in
Item 1 on a cumulative basis. At the end of each calendar year, Atmel
will examine the revenue shipped of all products and determine if the
Guaranteed Minimum Revenue outlined in Item 1 has been met. If the
Guaranteed Minimum Revenue has not been met, Sonic Innovations will
have the option of accepting a one time charge or ordering additional
product under the terms of this agreement to cover the shortfall.
/s/ Xxxxxxx X. Xxxxxxxxx /s/ Xxxx Xxxxxxx
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Xxxxxxx X. Xxxxxxxxx Xxxx Xxxxxxx
V.P. - Engineering V.P. and General Manager
Sonic Innovations Inc. Bicmos and Custom Asic Products
Atmel Corporation
[*] - Confidential treatment has been requested with respect to these items.